Legal Diary News

FEDERAL MINISTRY OF FINANCE PRESS STATEMENT WEDNESDAY, 18TH OCTOBER, 2017 World Bank Denies Disagreeing With Adeosun On Foreign Borrowings The World Bank Group, on Wednesday, denied that the Bank disagreed with Honourable Minister of Finance, Mrs. Kemi Adeosun, over the borrowings by the Nigerian Government to stimulate the economy and finance infrastructure projects in the country. In a mail to the Minister by the Senior Communications Officer of the World Bank, Mr. Rachid Benmessaoud, the Bank averred that the media misrepresented and quoted out of context the comments made by its Senior Economist for Nigeria, Gloria Joseph-Raji, at an event in Abuja. Benmessaoud said, “On October 11th, during the launch of Africa's Pulse, the World Bank's biannual analysis of African economies, World Bank Senior Economist for Nigeria, Gloria Joseph-Raji, was asked by a reporter to share her views on the Federal Government's plan to increase external borrowing.  “At ...

What is meant by the term ‘plea negotiation’? Are plea negotiations a usual part of criminal proceedings? Why do plea negotiations occur in criminal matters? Are there specific rules or guidelines prosecutors must follow? Do plea negotiations always result in a defendant securing a lesser charge or sentence? When do plea negotiations usually occur? How do plea negotiations usually occur? Is there a standard process? Who is involved in the plea negotiation process? Who makes the decision to accept or reject a plea offer or proposal? What things are prosecutors required to consider before accepting or rejecting a plea offer? Do I get to have a say? What is meant by the term ‘disputed facts’? Are there any benefits to accepting a plea offer? What if i am unhappy or dissatisfied with a decision made by the dpp? What if i require further information or support to understand the plea negotiation process? What is meant by the term ‘plea negotiation’? Negotiations are a regu...

White Collar Crime There is no specific crime called “white collar” crime; it’s a generic term for a type of crime. white collar crime became very popular in 1939, when sociologist Edwin Sutherland described it in a speech (to a joint meeting of the American Sociological Society and the American Economic Association) as crime “committed by a person of respectability and high social status in the course of his occupation.”[14] But there is no universal agreement on its definition or the specific crimes encompassed by the term. Rather, white collar crime is typically defined in one of three ways:'  (1) by the category of offender (e.g., high socioeconomic status or position of trust); (2) by the category of offense (e.g., economic or business crime); or (3) by the form of organizational culture.[15] While Mr. Sutherland defined it the first way,[16] the US Department of Justice, Federal Bureau of Investigation (FBI) has largely defined it the second way—“. . . those illegal acts...